Fears of terrorism are affecting museums’ willingness to loan artwork for exhibitions. “Since 9/11, European institutions have become reluctant to lend their prize works of art to New York museums without new assurances of beefed-up security and increased terrorism insurance. For places like the Metropolitan Museum of Art and the Museum of Modern Art in New York, the cost of such insurance has escalated so dramatically that it threatens to break budgets just as these institutions are struggling with dwindling sponsorships and cutbacks in public funds.”